Gjensidige

Gjensidige, headquartered in Norway and operating in insurance and pension funding services, has reported significant carbon emissions, primarily driven by its investments.

For the year 2025, Gjensidige's total reported emissions were approximately 3.94 billion kg CO2e. Of this, Scope 1 emissions were about 379,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 282,000 kg CO2e. The vast majority of emissions, around 3.94 billion kg CO2e, fall under Scope 3, with investments accounting for approximately 3.85 billion kg CO2e.

In 2024, Gjensidige reported total emissions of about 3.42 billion kg CO2e. Scope 1 emissions were approximately 434,000 kg CO2e, and Scope 2 emissions (market-based) were around 438,000 kg CO2e. Scope 3 emissions amounted to approximately 3.42 billion kg CO2e, with investments comprising about 3.34 billion kg CO2e.

For 2023, total emissions were approximately 528.67 million kg CO2e. Scope 1 emissions were around 319,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 340,000 kg CO2e. Scope 3 emissions constituted about 528.02 million kg CO2e, with investments being the largest contributor at approximately 423.31 million kg CO2e.

Gjensidige has a long-term commitment to achieve net-zero emissions in its investment portfolios by 2050. The company is also part of the Science Based Targets initiative (SBTi) and has committed to net-zero, with targets covering 89% of its total investment and lending by financed emissions as of 2022. Their near-term targets are aligned with a 1.5°C pathway, with a target year of 2030.